US President Donald Trump issued a series of executive orders early this morning (3/7), covering major issues such as global trade, corporate investment, space rescue, and government organization reform.
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ToggleImposing reciprocal tariffs on foreign trade partners, officially effective on April 2
Trump emphasized that the US has long been exploited in trade by other countries, so on April 2, it will activate reciprocal tariffs, imposing the same tax rates on countries like China, India, and Canada that have levied high tariffs on the US.
He gave the example that Canada imposes a 250% tariff on US dairy products, while the US has almost no tariffs on Canadian products, and this unfair situation will be corrected. In addition, the US will relax domestic timber harvesting restrictions to reduce its dependence on Canadian lumber imports.
France proposes European nuclear protection, Trump responds with global denuclearization
Regarding French President Macron's statement that France is willing to provide a "nuclear protection umbrella" to other European countries, Trump said that the US and Russia had previously discussed global denuclearization, but it was interrupted due to the "stolen election incident", referring to the 2020 presidential election. He reiterated that the ideal situation is global denuclearization to avoid nuclear war.
He also criticized NATO member countries for long-term "arrears", stating that if countries do not pay their fair share of military expenses, the US will not protect them.
Announcing government organization streamlining plan, Musk continues to assist in layoffs
Trump said that the US government is overstaffed, employing many unnecessary civil servants who waste taxpayers' money. He has therefore convened cabinet officials and corporate representatives like Musk, requiring each department to prioritize retaining capable employees and laying off those who are unfit.
He also mentioned that there are many people who do not actually exist but are still receiving government subsidies, and these abuses will be investigated, expected to save hundreds of billions of dollars.
Whether to abolish the Department of Education, Trump says let each state manage on its own
Trump revealed that he plans to dismantle the US federal Department of Education, allowing each state to manage school affairs independently. He believes that the performance of public education in the US is poor, and policies should be formulated by each state based on their own circumstances.
As for student loan issues, he said they will be transferred to the Department of the Treasury, Department of Commerce, or the Small Business Administration, because "the Department of Education should not handle loan business".
Two US astronauts stranded at the International Space Station, authorizing Musk to launch a rescue mission
Trump revealed that the Biden administration refused to launch a rescue mission due to embarrassment, leaving two NASA astronauts stranded at the International Space Station for 8 months.
He said that Musk is already prepared to dispatch a spacecraft to carry out the rescue mission, expected to commence within two weeks. He joked that he hopes these two astronauts "get along well", as they have been in space together for too long.
Global market volatility, Trump says not worried about short-term impact
With recent stock market fluctuations, Trump believes this is not related to his economic policies, but rather "globalists" feeling uneasy about the US economy's impending resurgence. He emphasized that the US economy will become stronger in the long run, with companies returning and manufacturing reviving, so short-term market volatility is not worth worrying about.
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